Mathematics of interest rates and finance / Gary L. Guthrie, Larry D. Lemon.

By:

Guthrie, Gary L

Contributor(s):

Lemon, Larry D

Material type: Text

TextPublication details: Upper Saddle River, NJ : Pearson Prentice Hall, c2010Edition: International edDescription: x, 467 p. : ill. ; 24 cmISBN:

9780132129442 (pbk.)
0132129442 (pbk.)

Subject(s):

DDC classification:

332.01'51 22

LOC classification:

HG1621 .G88 2010

Summary: For courses in Actuarial Mathematics, Introduction to Insurance, and Personal/Business Finance. This text presents the basic core of information needed to understand the impact of interest rates on the world of investments, real estate, corporate planning, insurance, and securities transactions. The authors presuppose a working knowledge of basic algebra, arithmetic, and percents for the core of the book: their goal is for students to understand well those few underlying principles that play out in nearly every finance and interest problem. There are several sections that utilize calculus and one chapter that requires statistics. Using time line diagrams as important tools in analyzing money and interest exercises, the text contains a great deal of practical financial applications of interest theory as well as its foundational definitions and theorems. It relies on the use of calculator and computer technology instead of tables; this approach frees students to understand challenging topics without wilting under labor-intensive details.


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Previous	331.1 JOB Jobs, training and worker well-being /	331.1109669 PUT Putting Nigeria to work :	331.125 DUN Understanding employment relations /	332.01'51 GUT Mathematics of interest rates and finance /	332.01'51922 VEC Stochastic finance :	332.01'5195 FRA Statistics of financial markets :	332.01'5195 HAN Handbook of financial econometrics /	Next

Includes bibliographical references (p. 315-316) and index.

For courses in Actuarial Mathematics, Introduction to Insurance, and Personal/Business Finance. This text presents the basic core of information needed to understand the impact of interest rates on the world of investments, real estate, corporate planning, insurance, and securities transactions. The authors presuppose a working knowledge of basic algebra, arithmetic, and percents for the core of the book: their goal is for students to understand well those few underlying principles that play out in nearly every finance and interest problem. There are several sections that utilize calculus and one chapter that requires statistics. Using time line diagrams as important tools in analyzing money and interest exercises, the text contains a great deal of practical financial applications of interest theory as well as its foundational definitions and theorems. It relies on the use of calculator and computer technology instead of tables; this approach frees students to understand challenging topics without wilting under labor-intensive details.


oif 10/07/14

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